Primavera Capital Acquisition (NYSE:PV) Sets New 12-Month High at $9.88

Shares of Primavera Capital Acquisition Co. (NYSE:PV – Get Rating) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $9.88 and last traded at $9.81, with a volume of 2029 shares trading hands. The stock had previously closed at $9.82.

The business’s 50-day simple moving average is $9.83 and its 200-day simple moving average is $9.79.

Primavera Capital Acquisition (NYSE:PV – Get Rating) last announced its earnings results on Friday, May 13th. The company reported $0.01 earnings per share for the quarter.

Large investors have recently bought and sold shares of the stock. Hsbc Holdings PLC bought a new stake in Primavera Capital Acquisition during the first quarter worth about $18,415,000. Nomura Holdings Inc. boosted its stake in Primavera Capital Acquisition by 10.7% during the first quarter. Nomura Holdings Inc. now owns 377,118 shares of the company’s stock worth $3,711,000 after acquiring an additional 36,441 shares in the last quarter. Kohlberg Kravis Roberts & Co. L.P. boosted its stake in Primavera Capital Acquisition by 473.5% during the first quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 122,235 shares of the company’s stock worth $1,202,000 after acquiring an additional 100,922 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Primavera Capital Acquisition in the first quarter worth approximately $185,000. Finally, Basso Capital Management L.P. bought a new position in shares of Primavera Capital Acquisition in the first quarter worth approximately $121,000. 49.74% of the stock is currently owned by institutional investors and hedge funds.

About Primavera Capital Acquisition (NYSE:PV)

Primavera Capital Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in consumer companies China. The company was incorporated in 2020 and is based in Central, Hong Kong.

Read More